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HCI CEO seeks acquisition targets after $257m FedNat deal fails
Insurance
Homeowners' re/insurer HCI has proposed to acquire Federated National Holding Company (FedNat) for $257 million which was not accepted by the Federated National board and HCI CEO Paresh Patel is now looking for similar takeover targets.   2 May 2018
Swiss Re expands African operations with new P&C licence
Insurance
Swiss Re has strengthened its African business through its newly approved licence for property & casualty (P&C) business in South Africa.   2 May 2018
Insurance
Helios Underwriting said on June 9 that it agreed to acquire Lloyd's limited liability member Nottus No 51 Limited for a consideration of £964,500 in cash.   9 June 2017
Insurance
Canada-based Fairfax Financial Holdings said July 6 that it closed the acquisition of Switzerland-based Allied World Assurance Company Holdings.   6 July 2017
Insurance
Re/insurer QBE has appointed Constanza Gállegos as head of distribution for Continental Europe.   6 July 2017
Insurance
French insurer AXA has partnered with European financial services corporation ING to provide insurance products and related services through a central digital insurance platform.   13 June 2018
Insurance
Bermuda's major re/insurers will report elevated combined ratios for 2017, averaging around 108 percent to 109 percent, according to Fitch Ratings.   24 January 2018
Insurance
The second half of 2017 showed an uptick in insurance M&A deals globally for the first time since 2015 and was followed by a number of high profile transactions in 2018.   12 March 2018
Insurance
Arthur J Gallagher's revenue for the brokerage segment in the second quarter was $998.1 million, an increase from $939.1 million year-on-year.   28 July 2017
Insurance
Bermuda-based OneBeacon Insurance Group has appointed Manning Rountree as class III director, succeeding Ray Barrette who has retired from the company and its parent White Mountains.   7 March 2017

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